How are people selected to be members of a particular cohousing group?
For the most part, groups require attendance at an orientation, several regular meetings, and perhaps some involvement with a committee before a household can apply for membership. Some groups have associate memberships that require little in the way of a financial contribution, but do give potential full members the chance to participate fully in the planning process, and to get to know others in the group. A full membership usually requires an equity investment, part or all of which is eventually credited toward the final price of your house. This investment can range from a few thousand dollars up to 15% of the final cost of your home. Occasionally, a group will “hold” spaces in their community for a limited time period while they market to a particular segment of the population (such as parents with young children). This is done very infrequently, and most cohousing professionals advise against it, opting instead for pure self-selection on a first-come, first-serve basis. The disad
For the most part, groups require attendance at an orientation, several regular meetings, and perhaps some involvement with a committee before a household can apply for membership. Some groups have associate memberships that require little in the way of a financial contribution, but do give potential full members the chance to participate fully in the planning process, and to get to know others in the group. A full membership usually requires an equity investment, part or all of which is eventually credited toward the final price of your house. This investment can range from a few thousand dollars up to 15% of the final cost of your home. Occasionally, a group will “hold” spaces in their community for a limited time period while they market to a particular segment of the population (such as parents with young children). This is done very infrequently, and most cohousing professionals advise against it, opting instead for pure self-selection on a first-come, first-served basis.
For the most part, groups require attendance at an orientation, regular meetings, and perhaps some involvement with a committee before a household can apply for membership. Some groups have associate memberships that require little in the way of a financial contribution, but do give potential full members the chance to participate fully in the planning process, and to get to know others in the group. A full membership usually requires an equity investment, part or all of which is eventually credited toward the final price of your house. This investment can range from a few thousand dollars up to 15% of the final cost of your home. The disadvantage of joining a group early is that your cohome may take a long time, not to mention energy and money, to materialize. The advantages are that the earlier you come into the group, the more opportunity you have to be a part of the design and planning. And you get an earlier place in the order in which units will be selected. Also, in many groups
For the most part, groups require attendance at an orientation, several regular meetings, and perhaps some involvement with a committee before a household can apply for membership. Some groups have associate memberships that require little in the way of a financial contribution, but do give potential full members the chance to participate fully in the planning process, and to get to know others in the group. A full membership usually requires an equity investment, part or all of which is eventually credited toward the final price of your house. This investment can range from a few thousand dollars up to 15% of the final cost of your home.
